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Results (10,000+)
Jeffrey Lacombe Need a "Lender Policy" to protect my interest in a house I sold with owner Financing.
3 September 2024 | 3 replies
The buyers were deeded the property and I have a security deed. 
Elina Tsyvkin Urgently searching for an attorney with landlord/tenant expertise
4 September 2024 | 1 reply
She found a house, i paid the usual fees (pet deposit, security deposit, first month rent.)
William Strom Rate buy down lender
3 September 2024 | 3 replies
I secured a 5.75 percent rate on a new build recently.
Jennifer Figueroa Buying a property through seller financing
4 September 2024 | 5 replies
Reasons to sell the seller on the Owner financing might be, because you are going to do a substantial rehab to the property, or that the property doesn't have any buyers, and this is a way to sell the property.Seller Financing works a lot better when there is not a realtor to pay, where a realtor's commission could be 6%, which on a $300,000 Purchase would be $18,000.An additional option you might consider if you are looking at purchasing this property to do a flip, or fix and rent, is you could propose seeing if the seller would partner with you, and you would secure a Private Loan for 50% of the sales price, plus the rehab, and if there is enough upside equity, you would probably be able to do a cash out refinance and pay off the seller that way.
Hitesh Gupta How would you find a syndication mentor
3 September 2024 | 5 replies
Attorneys can help (once hired) with securities offerings and marketing compliance.  
Maria T. Torres Strategies for Finding, Evaluating, and Securing High-Return Opportunities
30 August 2024 | 1 reply
Hi Maria,Finding, evaluating, and securing high-return opportunities in private money lending can be rewarding, especially for beginners.
Diana Jing Rent To Retirement Review
7 September 2024 | 85 replies
Things like leaking pipe under sink, downspout that needs securing, sewer vent pipe out to the attic, missing smoke detectors in a unit, loose material, etc. are all very easy fixes that we would be happy to make for you. 
Virginia Lacy CO Landlord - Can I use a SD to pay my spouse to repair damage to my units?
2 September 2024 | 4 replies
Hi Everyone,     I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials).
Ryan Gyllenband HELOC in Texas on Investment Property
4 September 2024 | 39 replies
(Other financing arrangements might be possible.)You can only obtain one home equity loan per year, even if you have fully paid off the prior home equity loan.Regulation of LendersTexas restricts who may lawfully issue a home equity loan.An unlicensed person is not permitted to make a home equity loan unless that individual is either related with the borrower to the second degree, or is the seller and is providing financing for the property.A home equity loan must be secured only by the home itself, and the lender may not attach the loan to any additional assets as collateral.
Angel Dejesus Heloc or Credit line whats the Difference when you have a multifamily
3 September 2024 | 7 replies
A general credit line, on the other hand, could be secured by other assets or unsecured, and doesn't necessarily involve your home equity.HELOC Characteristics: - Uses your home as collateral - Usually has a lower interest rate than unsecured credit lines - Typically has a variable interest rate - Allows you to borrow up to a certain limit, repay, and borrow again during the draw period - Can be used for various purposes, including home improvements, debt consolidation, or as an emergency fund While it's possible to use a HELOC for RE investing or rehab projects, some lenders may be hesitant about this use.